DOUGLAS POUTASSE is executive director of the National Council of Real Estate Investment Fiduciaries (NCREIF). Since its founding in 1982, NCREIF has served the American institutional real estate investment community as a nonpartisan collector, processor, validator, and disseminator of real estate performance information. Prior to joining NCREIF in 2007, Mr. Poutasse was the chief investment strategist for AEW Capital Management, one of the world’s leading real estate investment management firms. At AEW, he chaired the investment policy group, was a standing member of the investment committee, and oversaw AEW Research, the firm’s in-house research group. He continues to serve on the investment committee for Ixis AEW Europe, AEW’s European affiliate. Mr. Poutasse has more than 25 years of experience as an economic analyst and forecaster. Prior to joining AEW in 1991, he was with F. W. Dodge, where he managed real estate and construction forecasting, and with DRI/McGraw-Hill as manager of metropolitan forecasting. Mr. Poutasse is a past president and member of the board of directors of NCREIF, and served as the chair of NCREIF’s Index Oversight Committee, which was responsible for the policies and procedures of the NCREIF Property Index. He is also a member of the advisory board of the Real Estate Research Institute, the Urban Land Institute, and the Pension Real Estate Association (PREA). In 2005, PREA honored Mr. Poutasse with the Graaskamp Award for his high-quality research in the area of institutional investment in real estate. He holds an A.B. from Harvard College.